This paper examines the contemporaneous and inter-temporal interaction between real exchange rate and real interest rate differential in the two financial crises of 1997 and 2008 by using data from thirteen countries from different world regions. The empirical result shows that negative...

The purposes of this study are two-fold: firstly, to evaluate the efficiency of the Malaysian banks and secondly to examine the factors that influence the efficiency levels of those banks. Accordingly, 23 Malaysian banks covering the period between 2006 and 2010 are considered in this study. The...

This paper studies the determinants of pricing-to-market at the firm-level, with a particular focus on the role of firm-specific and policy-induced market power. We use a large dataset containing export values and quantities by product and destination for all exporting firms in 12 developing and...

This paper is the first study to use the disaggregated data of the Czech foreign trade to examine the effect of exchange rate levels and volatility on trade flows. We analyze the period from 1993 to 2013 and disaggregate the data according to trading partner and product category. The detailed...

The study examines the impact of interest and exchange rates on the Nigerian economy from 1975-2008. Data for the variables were collected from the CBN statistical bulletin. The study employs the ordinary least square (OLS) technique in the analysis but due to the fact that data are not...

Purpose The paper aims to analyse the extent of volatility and generating forecasts of exchange rates of British pound and Indian rupees in US terms. Design/methodology/approach This study applies different combinations of GARCH and EGARCH models suggested in the Econometric literature to...

Purpose – Though an undervalued Yuan is not the only factor that contributes to the US bilateral trade deficit with China, it is widely accepted as being one of the leading factors. The heightened debate over the value of the Yuan may lead to “beggar thy neighbour” retaliation. The purpose...

Rice is an economically important food security crop, cultivated in almost all of Nigeria’s 36 States. Nigeria spends more than 356 billion naira (2.24 billion US dollars) annually on rice import. This paper set out to analyze the trend in rice production, productivity, import, value of...